Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $124,413

• 1e · Government grants (contributions)

  $979,260

• 1f · All other contributions, gifts and grants

  $101,980

• 2a · Program service revenue: CARE CENTER

  total $25,460,626 · related or exempt $25,460,626

• 2b · Program service revenue: RESIDENCE RENTAL

  total $3,455,911 · related or exempt $3,455,911

• 2c · Program service revenue: RESIDENT SERVICES

  total $1,138,253 · related or exempt $1,138,253

• 3 · Investment income

  total $372,174 · excluded $372,174

• 7a · Gross sales of assets other than inventory

  securities $2,427,860

• 7b · Less cost or other basis and sales expenses

  securities $2,084,014

• 7c · Gain or loss

  securities $343,846

• 7d · Net gain or loss

  total $343,846 · excluded $343,846

• 11a · Other revenue: MEAL/VENDING/CATERING

  total $477,872 · excluded $477,872

• 11b · Other revenue: MISCELLANEOUS

  total $123,090 · excluded $123,090

• 11c · Other revenue: TELEPHONE

  total $27,134 · excluded $27,134

• 11d · All other revenue

  total $21,141 · excluded $21,141

• 11e · Other revenue, total

  $649,237

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $32,302 · program services $32,302

• 2 · Grants to domestic individuals

  total $6,574 · program services $6,574

• 7 · Other salaries and wages

  total $17,588,209 · program services $16,297,964 · management and general $1,290,245

• 8 · Pension plan contributions

  total $415,468 · program services $375,629 · management and general $39,839

• 9 · Other employee benefits

  total $1,459,074 · program services $1,319,163 · management and general $139,911

• 10 · Payroll taxes

  total $1,323,523 · program services $1,196,610 · management and general $126,913

• 11a · Fees: management

  total $2,136,521 · management and general $2,136,521

• 11b · Fees: legal

  total $345,189 · management and general $345,189

• 11c · Fees: accounting

  total $28,319 · management and general $28,319

• 11f · Fees: investment management

  total $62,204 · management and general $62,204

• 11g · Fees: other

  total $1,078,209 · program services $793,870 · management and general $284,339

• 12 · Advertising and promotion

  total $123,039 · management and general $123,039

• 13 · Office expenses

  total $282,593 · program services $221,436 · management and general $61,157

• 16 · Occupancy

  total $1,126,200 · program services $1,117,175 · management and general $9,025

• 17 · Travel

  total $307 · program services $307

• 19 · Conferences, conventions and meetings

  total $5,363 · program services $245 · management and general $5,118

• 20 · Interest

  total $69,816 · program services $68,956 · management and general $860

• 22 · Depreciation, depletion and amortization

  total $972,217 · program services $960,240 · management and general $11,977

• 23 · Insurance

  total $486,706 · program services $480,710 · management and general $5,996

• 24a · Other expenses: THERAPY

  total $1,608,398 · program services $1,608,398

• 24b · Other expenses: MEDICAL SUPPLIES

  total $992,087 · program services $992,087

• 24c · Other expenses: FOOD

  total $964,984 · program services $949,350 · management and general $15,634

• 24d · Other expenses: LICENSES

  total $521,144 · program services $496,225 · management and general $24,919

• 24e · All other expenses

  total $505,112 · program services $143,619 · management and general $361,493

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $18,100 · end of year $18,100

• 2 · Savings and temporary cash investments

  beginning of year $121,273 · end of year $398,920

• 4 · Accounts receivable

  beginning of year $2,481,000 · end of year $3,208,363

• 8 · Inventories for sale or use

  beginning of year $29,060 · end of year $29,060

• 9 · Prepaid expenses and deferred charges

  beginning of year $302,912 · end of year $335,508

• 10a · Land, buildings and equipment: cost or other basis

  $5,699,741

• 10b · Land, buildings and equipment: accumulated depreciation

  $0

• 10c · Land, buildings and equipment, net

  beginning of year $5,769,389 · end of year $5,699,741

• 11 · Investments: publicly traded securities

  beginning of year $11,980,672 · end of year $13,246,116

• 12 · Investments: other securities

  beginning of year $603,562 · end of year $526,650

• 15 · Other assets

  beginning of year $698,793 · end of year $353,232

• 17 · Accounts payable and accrued expenses

  beginning of year $1,664,523 · end of year $2,468,682

• 19 · Deferred revenue

  end of year $62,935

• 20 · Tax-exempt bond liabilities

  beginning of year $1,813,878 · end of year $490,618

• 21 · Escrow or custodial account liability

  beginning of year $108,852 · end of year $147,052

• 25 · Other liabilities

  beginning of year $377,143 · end of year $1,343,030

• 27 · Net assets without donor restrictions

  beginning of year $17,602,923 · end of year $18,942,843

• 28 · Net assets with donor restrictions

  beginning of year $437,442 · end of year $360,530

The filer's explanations (Part III)

PART I, LINE 3

THE PRESIDENT & CEO'S COMPENSATION WAS DETERMINED BY SAINT THERESE, A RELATED ORGANIZATION. SAINT THERESE USED THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE PRESIDENT & CEO: 1. COMPENSATION COMMITTEE 2. INDEPENDENT COMPENSATION CONSULTANT 3. COMPENSATION SURVEY OR STUDY 4. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE 5. FORM 990 OF OTHER ORGANIZATIONS